Dallas Business Journal articles from August 1995

Dallas Business Journal archives from August 1995

Bank of Oklahoma shops North Texas.
August 4, 1995... Tulsa-based institution wants to a local bank, lend to energy industry, middle-market customers In a gambit that would intensify the already-competitive North Texas banking market, Tulsa-based Bank of Oklahoma has targeted Dallas for its next...

Start-up bank sprouts in North Dallas; Eagle National Bank launches with $2.5 million seed money.
August 4, 1995... Many a native Texan will tell you that independent community banks are becoming an endangered species. If so, then Clyde Hensley thinks North Dallas is the wildlife refuge in which he will hatch his planned Eagle National Bank. Hensley, who a...

Baylor, Presby talk to Tenet about alliance. (Baylor Health Care System; Presbyterian Healthcare System; Tenet Healthcare Corp.)
August 4, 1995... Tenet Healthcare Corp., owner of three local hospitals, is talking to Baylor Health Care System and Presbyterian Healthcare System about working together in the local market, which would give Dallas a rare alliance between for-profit and...

Dallas job growth among nation's healthiest.
August 4, 1995... Dallas' economic machine created more than 100,000 jobs over the last two years, making the area one of the fastest-growing job markets in the country, Dallas Business Journal research shows. Area bosses said "You're hired" 100,000 times...

Observers unsure if mergers will affect DFW broadcasters. (broadcasting industry; Dallas-Forth Worth Metropolitan Area)
August 4, 1995... After one of the biggest shakeups in Dallas-Fort Worth broadcast history, it seemed things were settling down to business as usual. No such luck. Ownership is changing as fast as you can spell Mickey Mouse, and there's speculation about more...

Partners building business with books, culture and coffee. (Chris Bussey and Pornpilai Attavit)
August 4, 1995... When telecommunications consultants Chris Bussey and Pornpilai Attavit struck out on their own in early 1993, they decided to also get into low-tech communications. Two years later, Bussey & Attavit Bookstore opened for business. Inside,...

High-tech stocks boost Dominion fund. (Dominion Insight Growth mutual fund)
August 4, 1995... For managers of the Dominion Insight Growth mutual fund, high-technology stocks were rocket fuel that launched the fund to 43% returns since the start of the year. The fund far outdistanced any other locally-run mutual fund. Its returns...

Physician group may sell dialysis centers to legal foe. (Dallas Nephrology Associates; Bio-Medical Applications Management Company Inc.)
August 4, 1995... One of Dallas' oldest and largest physician practices - Dallas Nephrology Associates - signed a letter of intent to sell 13 dialysis centers to a company that won a $47 million lawsuit against the doctors earlier this year. In February, a...

Dollars for Dallas: Dallas markets well-rounded image.(Special Report: Business Meetings & Conventions)
August 4, 1995... Luring convention business to Dallas is business in itself. "It's much more of a business approach than people understand," said Dave Whitney, president and chief executive of the Dallas Convention and Visitors Bureau. "The business is very...

Minding the store: intellectual property protection a must for firm. (Dallas Metal Works Inc.)(Growth Strategies)
August 4, 1995... Dallas-based Maddox Metal Works Inc. has something more important than its $15 million in annual sales and the 200 new products it developed over the last five years. "Our most valuable asset is not our manufacturing but what we know," said...

Poetry and group hugs: this is capitalism? Beat up by re-engineering, some firms strive for "soul." (part 3)(bringing soul into business)
August 11, 1995... Editor's note: More and more is heard these days about bringing a higher purpose than profit to the world of capitalism. The concerns spark everything from environmental activism to controversies over religion in the workplace. This is the third...

Tough times for eateries in Uptown. (north of downtown Dallas, Texas)(Industry Overview)
August 11, 1995... 'Bermuda Triangle' swallows many, but replacements abound Restaurants come and go like lunch-hour crowds in the area north of downtown Dallas dubbed Uptown. Retailers say it has been experiencing a downturn they hope will be remedied by the...

Shot in the arm: marketing efforts help docs gain patients. (includes related article)(Growth Strategies)
August 11, 1995... When Ron Underwood opened his cardiology practice in 1974, life was sweet. There were no insurance companies telling him how to perform surgery or prescribe drugs to patients. He didn't worry about not getting paid and wasn't concerned about...

Bank One Texas takes big hit on low-yielding loans.
August 11, 1995... Bank One Texas took a $110 million pre-tax loss by selling off $1.2 billion in consumer loans, a move that put the bank's bottom line in the red for the first time since it came to the Lone Star State in 1989. Still, bank management says the...

Is it payback time for suburban landlords?
August 11, 1995... It's the landlord's turn. Providing perhaps the most tangible evidence yet that the market for suburban Dallas office space has recovered from its late-1980s depression, several landlords are cutting brokers' commissions. Though opinions...

Search Capital aims for big line of credit. (Search Capital Group Inc.)
August 11, 1995... Used-auto financier Search Capital Group Inc. is hoping to convince its investors to accept a reorganization plan that would help the company lend to better borrowers and qualify for a $100 million line of credit. Search has agreed to a line...

Emprise builds market for Carrington product. (Emprise International; Carrington Laboratories Inc.)
August 11, 1995... A group of Dallas-area entrepreneurs capitalized on a weakness in Irving-based Carrington Laboratories Inc. to build a $36 million moneymaker. That weakness was marketing. The moneymaker is Emprise International - a multi-level marketing...

Seagoville to acquire Buckner St.: union of blue-collar banks pools $95 million in assets. (Seagoville State Bank; Buckner State Bank)
August 25, 1995... Union of blue-collar banks pools $95 million in assets In a play to get closer to Dallas, Seagoville State Bank has reached an agreement to buy Buckner State Bank. The buyout, which will result in a bank with $95 million in assets, was...

Four 'J' plans twin power centers. (Four "J" International Corp.)
August 25, 1995... San Antonio developer has contracts on two big Grapevine parcels A San Antonio company has contracts on 73 acres in Grapevine with plans for two huge shopping centers near a proposed outlet mall. The area is one of the Metroplex's hottest for...

Venture capitalists turn away from startups.
August 25, 1995... Dallas funds want safer bets; long shots should ask mom Dallas venture capitalist Nick Stanfield is getting on in years and he has decided that the firm he founded 19 years ago, MSI Capital Corp., no longer will invest in gutsy, unproven...

More Metroplex companies give gift of time.
August 25, 1995... Editor's note: Much is heard these days about bringing a higher purpose than profit to the world of capitalism. The concerns spark everything from environmental and social activism to controversies over religion in the workplace. This is the...

Bradford Cos. ends hiatus with new Plano industrial complex.
August 25, 1995... After a 10-year hiatus from the speculative industrial development business, Bradford Cos. is back on the scene with construction of a three-building, 325,000-square-foot Plano warehouse complex. Bradford, part of 36-year-old Dallas-based...

Sending a message with mutual funds: Aquinas Investments bring backers profit, social agenda.
August 25, 1995... The money managers at Aquinas Investments Inc. work their mutual funds religiously. Literally. An affiliate of the Catholic Foundation, Dallas-based Aquinas Investments Inc. unabashedly uses its stock positions in public companies to...

Travel groups hope to ride 'Pegasus' into the future. (Pegasus Systems Inc.)
August 25, 1995... Local hotel and travel groups have pooled their resources to form a Dallas-based holding company, Pegasus Systems Inc., to pursue technological opportunities in the industry. Hotel Clearing Corp. (HCC), The Hotel Industry Switch Co. (Thisco)...

La Salsa heats up competition by challenging ZuZu. (La Salsa Fresh Mexican Grill)
August 25, 1995... A Los Angeles eatery is poised to add a little spice to the growing popularity of Mexican restaurants in the Metroplex by taking on Dallas-based ZuZu. The La Salsa Fresh Mexican Grill chain has plans to saturate the market with up to 30 stores...

Employee-leasing companies tout regs, 'next era' of growth.
August 25, 1995... Richard Pfeil does very little paperwork for his 15 employees, but they enjoy benefits they'd have with a major corporation. Pfeil, owner of Pfeil and Sons Building Materials in Dallas, has a contract with Employee Leasing in Dallas for his...

SBA loan jump-starts franchise. (Small Business Administration; Franklin's printing franchise owned by Don Stiles)
August 25, 1995... When Don Stiles set out to find capital to open his Franklin's printing franchise almost a year ago, he did his homework. He had strong personal assets and developed a solid business plan. Bankers didn't care. "I talked to some commercial...